Which is the best Credit Card processing Company for a small merchant to use? The fees are very high!? -

Online or brick n mortar?Online the cheapest I ve seen is Google Checkout, but to get the best rates you need to be high volume.Brick n mortar varies, but you usually get much better rates with a swiped transaction compared to an online transaction. Usually, your areas largest bank will have the best deal. Chasepaymentech, for example, has good rates for swiped transactions.Best way to lower your fees is to force/require debit card use, as debit transactions are the cheapest.

First Merchant Services offers a Best Rate guarantee. This ensures that you are receiving the best rates and lowest fees available from any payment processor so you can rest assured that you are not overpaying on your credit card rates or fees.

The fees for a small merchant are high because of the low volume of business, I just learned that from http://www.merchantaccountbasics.com .. I d go with paypal or 2checkout until your company gets more business.

Try HSBC, if in india you can try Axis bank card services.